§ 1C-1823 – Determining proper money of the claim.
1C-1823. Determining proper money of the claim. (a) The money in which the parties to a transaction have agreed that payment is to be made is the proper money of the claim for payment. (b) If the parties to a transaction have not otherwise agreed, the proper money of the claim, as in each case […]
§ 1C-1824 – Determining amount of the money of certain contract claims.
1C-1824. Determining amount of the money of certain contract claims. (a) If an amount contracted to be paid in a foreign money is measured by a specified amount of a different money, the amount to be paid shall be determined on the conversion date. (b) If an amount contracted to be paid in a foreign […]
§ 1C-1825 – Asserting and defending foreign-money claims.
1C-1825. Asserting and defending foreign-money claims. (a) A person may assert a claim in a specified foreign money. If a foreign-money claim is not asserted, the claimant shall make the claim in United States dollars. (b) An opposing party may allege and prove that a claim, in whole or in part, is in a different […]
§ 1C-1826 – Judgments and awards on foreign-money claims, times of money conversion; form of judgments.
1C-1826. Judgments and awards on foreign-money claims, times of money conversion; form of judgments. (a) Except as provided in subsection (c) of this section, a judgment or award on a foreign-money claim must be stated in an amount of the money of the claim. (b) A judgment or award on a foreign-money claim is payable […]
§ 1C-1827 – Conversions of foreign money in distribution proceedings.
1C-1827. Conversions of foreign money in distribution proceedings. The rate of exchange prevailing at or near the close of business on the day the distribution proceeding is initiated shall govern all exchanges of foreign money in a distribution proceeding. A foreign-money claimant in a distribution proceeding shall assert its claim in the named foreign money […]
§ 1C-1828 – Prejudgment and judgment interest.
1C-1828. Prejudgment and judgment interest. (a) Except as provided in subsection (b) of this section, recovery of prejudgment or pre-award interest and the rate of interest to be applied in the action or distribution proceeding shall be determined by the substantive law governing the right to recovery under the conflict of laws rules of this […]
§ 1C-1702 – Definitions.
1C-1702. Definitions. As used in this Article, unless the context requires otherwise: (1) "Foreign Judgment" means any judgment, decree, or order of a court of the United States or a court of any other state which is entitled to full faith and credit in this State, except a "child support order," as defined in G.S. […]
§ 1C-1703 – Filing and status of foreign judgments.
1C-1703. Filing and status of foreign judgments. (a) A copy of any foreign judgment authenticated in accordance with an act of Congress or the statutes of this State may be filed in the office of the clerk of superior court of any county of this State in which the judgment debtor resides, or owns real […]
§ 1C-1704 – Notice of filing; service.
1C-1704. Notice of filing; service. (a) Promptly upon the filing of a foreign judgment and affidavit, the judgment creditor shall serve the notice of filing provided for in subsection (b) on the judgment debtor and shall attach thereto a filed-stamped copy of the foreign judgment and affidavit. Service and proof of service of the notice […]
§ 1C-1705 – Defenses; procedure; stay.
1C-1705. Defenses; procedure; stay. (a) The judgment debtor may file a motion for relief from, or notice of defense to, the foreign judgment on the grounds that the foreign judgment has been appealed from, or enforcement has been stayed by, the court which rendered it, or on any other ground for which relief from a […]